Latest News from Bulgaria

Bulgaria's Deal-a-Day Websites Record 20% Growth in 2013

Bulgaria's daily deals websites recorded a 20% increase in transactions in 2013, according to data provided by the three major local e-commerce sites.

There is a 50% increase in credit card payments, although Easypay remains the preferred method of payment.

Bulgaria’s Pulev Annoyed over Slow Opponent Selection

Bulgaria's heavyweight boxer Kubrat Pulev still does not know who will be his opponent on April 5 in Rostock, Germany.

The most likely fighter to go up against Pulev is Britain's Dereck Chisora. Other options are Poland's Tomasz Adamek and Ukraine's Vyacheslav Glazkov, Sportal.bg reports.

EBRD to Grant More Money to Bulgaria in 2015

The European Bank for Reconstruction and Development is planning to put aside more funds for Bulgaria in 2015.

Bulgaria's President Rosen Plevneliev announced this after meeting the institution's chief, Suma Chakrabarti, in London, the website Expert.bg has reported.

Bulgaria-Turkey Border Fence 'Worth Less' Than Estimated

Miscalculations involving the fence which is to be constructed along the Bulgarian-Turkish border are worth around BGN 4 M.

Bulgaria's Defense Ministry has written up the total sum, thus increasing it from BGN 5.1 M to BGN 9.664 M.

Bulgaria’s Dimitrov Keeps 16th Position Ahead of Miami Masters

Bulgaria's tennis star Grigor Dimitrov keeps his 16th position in the ATP world rankings, ahead of the Miami tournament.

Dimitrov reached the 3rd round of the Indian Wells last week, which was the same performance as last year, meaning he defended his 45 points for the ranking.

Bulgaria's Teteven Mayor Under Arrest

The mayor of Bulgarian town Teteven, Milen Milev and his deputies have been arrested by officers of the State Agency for National Security (DANS).

The Regional Prosecution in Lovech has revealed that there are criminal proceedings under way against Milen Milev, Detelin Parlev, Levchana Hadzhieva, and Desislav Tsvetanov, but did not specify on what charges.

Bulgaria's Film Industry Demands BGN 6.2 M Budget Increase

Bulgaria's film community has issued a declaration calling for an immediate increase by BGN 6 220 000 of the state aid for the film industry.

According to local filmmakers, the increase in the budget for the sector will make it possible for Bulgarian cinema to achieve sustainable development and to contribute to the country's economic growth.

Agri. Minister Promotes Bulgaria's Export Potential to Japanese Envoy

Agriculture Minister Dimitar Grekov has promoted the export potential of the local agriculture sector to Japan's Ambassador to Bulgaria Takashi Koizumi.

At a Monday meeting with Koizumi, Grekov claimed that agriculture was the most stable sector of the Bulgarian economy, stressing that Bulgarian products were popular on the Japanese market.

Over 1800 Decares of Forests to Be Planted in Southwestern Bulgaria

Over 1.3 million saplings will be planted on a territory of over 1800 decares on the territory of the Bulgarian Southwestern State Enterprise, according to a media statement of the entity.

The number of saplings has increased by 1/3 compared to 2013 and by 40% compared to 2012.

Bulgaria’s Kutrovsky Triumphs at Sherbrooke Tennis Tournament

Bulgarian tennis player Dimitar Kutrovsky, aged 26, has triumphed at the tournament in Sherbrooke, Canada winning a total of USD 15,000 prize money.

Kutrovsky recorded his second win at the ITF Futures against the British Edward Corrie in three sets with 6:3, 4:6, 6:2.

Pierce Brosnan Supports Sofia For Capital of Culture

The Hollywood star Pierce Brosnan supported Sofia's bid for European Capital of Culture 2019.

Brosnan and Milla Jovovich were in Bulgaria for the shoot of a thriller called Survivor, which are already completed. 

Power Distributors in Bulgaria Threatened with Nationalization

Bulgarian Energy Minister Dragomir Stoynev has warned power distributors that they may face nationalization unless they pay debts to the National Electric Company (NEK).

Speaking Monday in Plovdiv, Stoynev noted that CEZ, EVN and Energo-Pro, the three power distributors operating in the country, had to pay their debts of over BGN 318 M to the financially troubled NEK.

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